Jim Cramer’s Game Plan for Next Week: 25 Stocks in Focus

2. Zions Bancorporation, National Association (NASDAQ:ZION)

Number of Hedge Fund Holders: 24

Zions Bancorporation, National Association (NASDAQ:ZION) was mentioned during the episode, and here’s what Cramer had to say:

“Now it all starts with the banks, specifically two really incredibly boring banks, Comerica and Zions Bancorp. Now both are considered suspect. They have high yields, you can tell that. But the banks have been outstanding in this environment, no tariff exposure, low charge off, decent loan growth, and hopefully some boost from deregulation down the road, which is what a lot of people voted President Trump for.”

Zions Bancorporation (NASDAQ:ZION) offers a range of banking and financial services, including commercial and small business lending, capital markets solutions, real estate financing, personal banking, and wealth management. On April 7, Morgan Stanley analyst Manan Gosalia cut the price target on ZION from $64 to $52 and maintained an Equal Weight rating.

The firm shifted its outlook on the midcap bank sector from Attractive to In-line. The analyst said steeper and faster-than-anticipated tariffs increase the risk of a recession. The pressure is expected to slow loan growth, which could affect future earnings and valuations. He noted that while the group trades at low valuations, sluggish loan growth and an inverted yield curve reduce the potential for gains.